EPISODE · Feb 3, 2022 · 55 MIN
The Debt Climbs Higher & The Fed Is Still Monetizing | The People's Talk Show
from Rethinking the Dollar · host Mike
The Treasury Department this week reported that the total national debt of the United States surpassed $30 trillion for the first time in history, an amount equal to nearly 130% of America's yearly economic output, known as gross domestic product. The eye-popping figure makes the U.S. one of the most heavily indebted nations in the world.
What this episode covers
The Treasury Department this week reported that the total national debt of the United States surpassed $30 trillion for the first time in history, an amount equal to nearly 130% of America's yearly economic output, known as gross domestic product. The eye-popping figure makes the U.S. one of the most heavily indebted nations in the world.
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The Debt Climbs Higher & The Fed Is Still Monetizing | The People's Talk Show
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